National EV Charging Station

EV charging
National EV Charging Station
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Renewable Resources and Alternative Energy
Automobiles
Business Model Description

Invest in EV charging infrastructure which will allow Belize to reduce its carbon footprint and tap into a growing global trend of automotive electrification. Government will faciliate the development and construction of EV charging infrastructure, with the EV charging stations being privately owned.

Expected Impact

Contributes to cleaner air and reduced carbon emissions that will benefit people and the environment.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
5% - 10% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
174 vehicles per 1,000 people in Belize
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11) Affordable and Clean Energy (SDG 7) Industry, Innovation and Infrastructure (SDG 9)
Sector Sources
  • "1) Energy Transition Initiative. (2015). Energy Snapshot: Belize. Retrieved from https://www.nrel.gov/docs/ fy15osti/62707.pdf " "2) MDPI Journals. (2021). Systemwide Consideration for Electrification of Transportation in Islands and Remote Locations "
IOA Sources
  • 3) Belize Electricity Limited. (n.d). Charging Infrastructure 4) Belize Electricity Limited. (2020). Charging Infrastructure Request for Proposal " 5) International Energy Agency. (2021). Global EV Outlook 2021: Accelerating ambitions despite the pandemic. Retrieved from https://iea.blob.core.windows.net/assets/ed5f 4484-f556- 4110-8c5c-4ede8bcba637/GlobalEVOutlook2021.pdf " " 6) MDPI Journals. (2021). Systemwide Consideration for Electrification of Transportation in Islands and Remote Locations " "7) United States Department of Energy. (2015). Costs Associated With Non-Residential Electric Vehicle Supply Equipment: Factors to consider in the implementation of electric vehicle charging stations. Retrieved from ​​https://afdc.energy.gov/files/u/publication/evse_cost_report_2015.pdf "